Press Releases

As America Saves Week kicks off on Feb. 24, Prudential Financial, Inc. is supporting our government’s call for retirement readiness.

NEWARK, N.J., Feb. 20, 2020 – Dr. Noah Weisberger has joined PGIM as a managing director in the Institutional Advisory & Solutions (IAS) group. PGIM Inc. is the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

NEWARK, N.J., February 18, 2020 - The Prudential Insurance Company of America (PICA), a business unit of Prudential Financial, Inc. (NYSE: PRU), and a recognized leader in the global pension de-risking market, has announced the closing of its seventh and eighth strategic longevity reinsurance transactions with Rothesay Life Plc, reinsuring a combined $6 billion of pension liabilities associated with two bulk annuity transactions completed in the second half of 2019.

NEWARK, N.J., February 13, 2020 - Recognizing the negative impact of household debt on long-term financial security and retirement readiness, Prudential (NYSE:PRU) is partnering with national nonprofit GreenPath Financial Wellness to introduce debt management advice and tools to its growing suite of workplace financial wellness solutions.

NEWARK, N.J., Feb. 11, 2020 – A new PGIM survey of over 300 public and private companies in the U.S., Germany and China highlights the sharply different priorities each is employing in response to new “weightless” business models and the “profit with purpose” era.

NEWARK, N.J., February 11, 2020 - PGIM Investments ended 2019 with $12.2 billion in net mutual fund flows and record mutual fund assets under management of $122.5 billion. The strong flows and record AUM growth were largely driven by demand for its fixed income funds.

CHICAGO, February 06, 2020 - PGIM Private Capital provided $13 billion of senior debt and junior capital to 228 middle-market companies and projects globally in 2019. PGIM Private Capital, a leading source of private capital for public and private companies, is the private capital arm of PGIM Inc., the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

NEWARK, N.J., February 04, 2020 - Prudential Financial, Inc. (NYSE:PRU) today reported fourth quarter and year-end 2019 results. For the fourth quarter of 2019, net income attributable to Prudential Financial, Inc. was $1.128 billion ($2.76 per Common share), compared to $842 million ($1.99 per Common share) for the fourth quarter of 2018.

WASHINGTON, D.C. -- They're taking on food insecurity, opioid abuse and veteran homelessness. Several are leading projects to strengthen their local ecosystems. Many created new opportunities for inclusion and connection amongst their peers.

NEWARK, N.J., January 22, 2020 - Alameda County, an East Bay government plan client for nearly 29 years, has extended its contract with Prudential Retirement, a business unit of Prudential Financial, Inc. (NYSE: PRU). Prudential oversees a combined $820 million in retirement assets for both 457(b) and 401(a) plans.